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While accounting did not cause the (current financial) crisis.(news&trends)

California CPA  -  August, 2009

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"While accounting did not cause the (current financial) crisis, and accounting will not end it, it did reveal a number of areas requiring improvement in standards and overall transparency."

--FASB Chair Robert H. Herz

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COPYRIGHT 2009 California Society of Certified Public Accountants Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.

Copyright 2009 Gale, Cengage Learning. All rights reserved. Gale Group is a Thomson Corporation Company.

NOTE: All illustrations and photos have been removed from this article.


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